Consolidated Capital Management LLC Sells 8,098 Shares of VanEck Semiconductor ETF $SMH

Consolidated Capital Management LLC lessened its position in shares of VanEck Semiconductor ETF (NASDAQ:SMH) by 58.8% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 5,663 shares of the company’s stock after selling 8,098 shares during the period. Consolidated Capital Management LLC’s holdings in VanEck Semiconductor ETF were worth $2,039,000 at the end of the most recent reporting period.

A number of other large investors have also recently added to or reduced their stakes in the company. Harel Insurance Investments & Financial Services Ltd. increased its holdings in VanEck Semiconductor ETF by 158.7% during the 4th quarter. Harel Insurance Investments & Financial Services Ltd. now owns 1,198,897 shares of the company’s stock worth $431,759,000 after purchasing an additional 735,425 shares in the last quarter. Bank of Nova Scotia increased its holdings in VanEck Semiconductor ETF by 24,986.6% during the 3rd quarter. Bank of Nova Scotia now owns 755,107 shares of the company’s stock worth $246,437,000 after purchasing an additional 752,097 shares in the last quarter. Menora Mivtachim Holdings LTD. increased its holdings in VanEck Semiconductor ETF by 0.4% during the 3rd quarter. Menora Mivtachim Holdings LTD. now owns 576,000 shares of the company’s stock worth $187,983,000 after purchasing an additional 2,500 shares in the last quarter. Northwestern Mutual Wealth Management Co. grew its holdings in shares of VanEck Semiconductor ETF by 4.1% in the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 548,017 shares of the company’s stock valued at $197,357,000 after acquiring an additional 21,488 shares in the last quarter. Finally, Raymond James Financial Inc. grew its holdings in shares of VanEck Semiconductor ETF by 8.3% in the 2nd quarter. Raymond James Financial Inc. now owns 534,989 shares of the company’s stock valued at $149,198,000 after acquiring an additional 40,831 shares in the last quarter.

VanEck Semiconductor ETF Price Performance

Shares of NASDAQ SMH opened at $598.93 on Friday. The stock has a market capitalization of $69.59 billion, a price-to-earnings ratio of 34.83 and a beta of 1.70. The business has a 50-day moving average of $483.77 and a 200-day moving average of $416.43. VanEck Semiconductor ETF has a fifty-two week low of $235.37 and a fifty-two week high of $612.30.

VanEck Semiconductor ETF Profile

The VanEck Semiconductor ETF (SMH) is an exchange-traded fund that is based on the MVIS US Listed Semiconductor 25 index, a market-cap-weighted index of 25 of the largest US-listed semiconductors companies. SMH was launched on May 5, 2000 and is managed by VanEck.